college debt

Why Higher Education Costs So Much

Why Higher Education Costs So Much

Fifty years ago, Harvard (and many private colleges and universities) charged around $2,000 for tuition. Adjusted for inflation, Harvard tuition should be just over $15,000 per year today. Needless to say, Harvard charges nowhere near $15,000. This coming Fall, the sticker price for Harvard is $47,730, roughly triple the inflation-based price